FOR SALE
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1-4/18 Belmore Road
Sunshine North VIC 3020

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Floor area: 79m2
Land area: 744m2
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Affordable 4 Spacious Units on 747 m2 (approx.) block

This spacious block of 4 units at 18 Belmore Road in Sunshine North offers a fantastic investment opportunity. Situated on a generous 747 m2 (approx.) block of land, 4 solid brick villa style units provide a stable investment or options for future multi-unit development (S.T.C.A).
Each unit is comprising of 2 bedrooms with BIR's, formal lounge, separate kitchen with meals area, large size bathroom, separate toilet, high ceilings, terra cotter roof, rear courtyard and car space. All units are taking approximately $70,000 rental return per annum.
The property is set to go to auction, making it an exciting opportunity for buyers to secure a prime piece of real estate in Sunshine North. With a range of features including architecture, and a spacious living area, this property has plenty of potential.
Don't miss out on this fantastic investment opportunity in a convenient urban location with only Minutes' walk to it all and easily accessible to Northumberland Road Shopping Strip (1.1km approx.), Primary/Secondary Schools, Public Transport, Sunshine Plaza (3.4km, approx.), Bunnings Warehouse, Victoria University (1.2km approx.), Parklands and only 12km to the CBD with easy access to Ballarat Road & The Western Ring Road.
For further information on the property or to organise an inspection time don't hesitate to contact Raine & Horne St Albans office on 9367 9888 or Fred Fanoscu 0419 384 097 or Bojan Lojanica 0409 186 609.
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Property Details for 1-4/18 Belmore Rd, Sunshine North

1-4/18 Belmore Rd, Sunshine North is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 744m2 and floor size of 79m2. The place is currently for sale with Raine & Horne - St Albans.

Building Type
BlockOfUnits
Floor Size
79m2
Land Size
744m2

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About Sunshine North 3020

The size of Sunshine North is approximately 7.9 square kilometres. It has 11 parks covering nearly 8.9% of total area. The population of Sunshine North in 2011 was 10,636 people. By 2016 the population was 11,702 showing a population growth of 10.0% in the area during that time. The predominant age group in Sunshine North is 20-29 years. Households in Sunshine North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sunshine North work in a labourer occupation. In 2011, 70.9% of the homes in Sunshine North were owner-occupied compared with 67.2% in 2016.

Sunshine North has 6,883 properties. Over the last 5 years, Houses in Sunshine North have seen a 16.92% increase in median value, while Units have seen a 20.00% increase. As at 31 August 2024:

  • The median value for Houses in Sunshine North is $743,358 while the median value for Units is $561,173.
  • Houses have a median rent of $485 while Units have a median rent of $468.
There are currently 66 properties listed for sale, and 16 properties listed for rent in Sunshine north on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Sunshine north.

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